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Rate cut by RBI will give boost to economy: Finance Minister

Finance Minister Piyush Goyal has said that the rate cut by the RBI will give a boost to the economy by providing affordable credit to small businesses and home buyers.

The Reserve Bank of India has reduced the repo rate by 25 basis point from 6.5% to 6.25%. In a tweet, Goyal said, this will further boost employment opportunities.


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